First Financial Holding Co., Ltd., commonly referred to as First Financial, is a prominent financial services provider headquartered in Taipei, Taiwan (TW). Established in 2002, the company has rapidly evolved to become a key player in the financial industry, offering a diverse range of services across banking, insurance, and investment sectors. With a strong presence in Taiwan and significant operations in Asia, First Financial is renowned for its innovative financial solutions tailored to meet the needs of both individual and corporate clients. The company’s core offerings include retail banking, wealth management, and insurance products, distinguished by their customer-centric approach and advanced technology integration. First Financial has achieved notable milestones, including recognition for its robust financial performance and commitment to sustainable practices, solidifying its position as a trusted leader in the financial market.
How does First Financial Holding Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
First Financial Holding Co's score of 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, First Financial Holding Co., Ltd. (FHC), headquartered in Taiwan (TW), reported total carbon emissions of approximately 19,240,000 kg CO2e. This figure includes 2,809,000 kg CO2e from Scope 1 emissions, 16,431,000 kg CO2e from Scope 2 emissions, and 12,925,535,000 kg CO2e from Scope 3 emissions, which encompasses various categories such as investments and business travel. Over the years, FHC has demonstrated a commitment to reducing its carbon footprint. The company has set long-term net-zero targets, aiming for significant reductions across all scopes by 2050. As of 2022, FHC's portfolio targets covered about 17% of its total investment and lending by total assets, with required activities making up 18% of this total. The company is also a member of the Science Based Targets initiative (SBTi), aligning its emissions reduction strategies with the goal of limiting global warming to 1.5°C. FHC's emissions data from previous years shows a trend of increasing emissions, with 2022 emissions recorded at approximately 21,515,000 kg CO2e, reflecting the challenges faced in managing growth while addressing climate impacts. The company is actively working towards integrating sustainability into its operations and investment strategies, with a near-term target set for 2028 to further enhance its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,464,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 17,687,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
First Financial Holding Co is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.